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Technology Stocks : Sigma Designs- Up 50% per Month- Why?
SIGM 0.280-0.2%Aug 17 5:00 PM EST

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To: dav who wrote (208)7/17/1997 12:48:00 AM
From: BULL   of 849
 
Dav,

this company is in need of cash.. and today they got some... see attached.

FREMONT, Calif.--(BUSINESS WIRE)--July 16, 1997--Sigma Designs, Inc. (NASDAQ:SIGM) announced today that it has completed the sale of $4,500,000 of 3% convertible preferred stock in a private placement under Regulation D to two institutional investors.

Proceeds from the financing will be used to ensure ramped-up production facilities for the Company's DVD product offerings.

biz.yahoo.com

I think it's time to load up.

Adam
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